February 6th, 2008
10:30 PM ET
7 years ago

Clinton loans herself $5 million

NEW YORK (CNN) — Democrat Hillary Clinton loaned her presidential campaign $5 million in January, the New York senator said Wednesday.

"I loaned the campaign $5 million dollars from my money," she said at a press conference at her Arlington, Virginia headquarters. "I loaned it because I believe in this campaign and I think the results last night proved the wisdom of my investment."

Earlier Wednesday, Clinton spokesman Howard Wolfson confirmed reports Clinton had lent her campaign money in January, and said "The loan illustrates Sen. Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation."

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Filed under: Hillary Clinton
soundoff (474 Responses)
  1. Texas

    Okay, let up on Senator Clinton. We commend her honest, diligence and devotion to becoming our next President. She doesn't need Oprah or the Kennedy's money to earn votes. She has earned votes on her own merit and years of service.

    Mr. Obama does not deserve the honor of the Presidency, he hasn't even begun a trip around the block yet. The Republicans are going to have a barbeque with him. Take off your blinders people. The man is great at speeches-that is all. Just think about it: If he "wins", we lose. The Republicans will rule for another 8 years..

    God Bless Senator Clinton for her hard work. Yes, she will continue to get our support and donations. She will become our next President.

    February 6, 2008 05:34 pm at 5:34 pm |
  2. Chris, Orlando, FL

    Hillary, I will be making my 5th donation to your campaign tonight, and am urging my friends and family to do the same. You deserve so much credit for your performance yesterday. The media, the public misconception, and the Obama spin machine stacked the odds against you, but you've proven how strong and resilient your campaign is.

    GO HILLARY!!!!

    February 6, 2008 05:34 pm at 5:34 pm |
  3. california voter

    obama's crowd is so nasty and negative. what is it about him that attracts that sort of person? it very negatively affects my thoughts about him. hillary's supporters might vote for him if he were nominated because they are open-minded, thoughtful, and intelligent, and know he would be a good second choice. his supporters can't see her many virtues? that's sad.

    February 6, 2008 05:34 pm at 5:34 pm |
  4. sanjay

    so...you can buy yourself a shot at presidency. nice message. all the spin in the world can't fix how broke (and broken) Hillary's actions are.

    February 6, 2008 05:35 pm at 5:35 pm |
  5. jake

    just donated $1000 bucks today to hillary.

    February 6, 2008 05:35 pm at 5:35 pm |
  6. Texas

    Because she belives in herself. This is draging on more than expected. She still has a lot more than Obama get the story straight people. Stop trying to make him look good CNN!!!!
    SHE STILL HAS MORE MONEY THAN HIM!!!

    GO HILLARY!!!!!!!!

    February 6, 2008 05:35 pm at 5:35 pm |
  7. David

    "I loaned it because I believe in this campaign and we were and I think the results last night proved the wisdom of my investment."

    We were...?

    "Clinton campaign Chairman Terry McAuliffe later said the Clinton raised less than half that in the same period — about $13.5 million."

    The Clinton?

    C'mon CNN.

    February 6, 2008 05:35 pm at 5:35 pm |
  8. Central Illinois

    Well that's $5 million less for Hillary to spend in her "retired" years. Hooray Hill, keep "loaning" youself all kinds of money you won't ever see again. Obama is the people's choice. Hillary, why don't you and your stinkin' husband go live in one of the foreign countries that is supporting you. It's bad enough we have to pay big bucks to elect a president but it should be OUR money – not that of a foreign company. Let's let the Clinton's know the White House cannot be bought by foreign interests.

    February 6, 2008 05:35 pm at 5:35 pm |
  9. Bill, Covington,LA

    Hillary clinton "Loaned" her campaign $5,000,000,00

    Has anyone given any consideration what rate of interest she is charging on that loan? Has anyone considered that all the people contributing to that campaign will be the ones paying that interest?
    do any of you know what is going on or do you even care?
    Just throw your money at her and hope for something good.
    GOOD LUCK!!

    February 6, 2008 05:35 pm at 5:35 pm |
  10. Lyn

    What do they mean she LOANED 5 million to her own campaign???? I am pretty sure when I donated to the Obama campaign, there was no talk of it being a loan.

    After all the millions and millions Hillary has taken from PACs, the pharmaceutical industry, and corporate america, why does she still have to tap into her own bank account for her campaign?

    Do people not realize that Campaign Finance Reform is the first step to giving this country back to the people, instead of letting it continue to rest in the hands of corporate america's interests?

    If people really want comapnies like Halliburton shaping US policy, vote for hillary – she sold her soul to big business a long time ago.

    February 6, 2008 05:35 pm at 5:35 pm |
  11. Larry Dickman - IA

    To Proud Californian:

    She talks about Healthcare for all. Well let's look at that a little more closely.

    Wal-Mart is the largest non-government employer in the US. They employee over 1 million workers. They don't pay their employees enough to get health insurance.

    Senator Clinton was on the Board of Directors of Wal-Mart for 6 years up to 1992 and she worked for the Rose Law Firm that represented Wal-Mart. Rose is the premier Union busting firm in the country.

    Wal-Mart has been accused of using child labor to make their products, discriminating against women, forcing employees to work off the clock, and destroying communities that don't want them. They also force their suppliers to drive down costs, which forces them to close plants here in the US and send American jobs overseas.

    So she has been working for the best interests of the American Family for years? I don't think so. If she was on the Board of Directors, why didn't she stop any of this?

    February 6, 2008 05:35 pm at 5:35 pm |
  12. Me

    Proud(Dumb) Californian do you realize that Obama's mother is white.

    Now I realize why Hillary gave out her web address last night, so you can go and donate money.

    February 6, 2008 05:36 pm at 5:36 pm |
  13. Farrell, Houston, Tx

    Sounds like a budgeting problem. Hillary's poor judgement in caucusing in Michigan and Florida with no payoff sure didn't help. Use good judgement and vote Obama.

    February 6, 2008 05:36 pm at 5:36 pm |
  14. Rob

    This just makes me want to donate more money to Obama and rub it in her face

    February 6, 2008 05:36 pm at 5:36 pm |
  15. dave

    Does that mean that people who donate to her campaign are really just paying back the $5 million into her pocket? Would that change the total fund raising earnings to around 8 million instead of the 13 million she reported (since $5 million has to go back to her)? This doesn't seem very honest - is it a simple mistake on their part?

    Kinda wish I knew about this before I sent her my money. Isn't there some kind of finance reform law against this?

    February 6, 2008 05:37 pm at 5:37 pm |
  16. Kevin, Illinois

    hahahahaha... Spend your money honey. lol Why are her base of Senior Citizens spending their Social Security Checks on her?

    February 6, 2008 05:38 pm at 5:38 pm |
  17. DL

    So Barak bought him some votes with that $32 million! Hillary you've got my vote for FREE!

    February 6, 2008 05:38 pm at 5:38 pm |
  18. Tanner

    Don't worry, I'll beg OPRAH to give you some. Honestly, I admire your honesty for being true. It builds up our confidence that you will fight to the end because you are investing on the future of this nation. YOU WILL BE REWARDED! Thank you for your selfless commitment, very admirable!

    February 6, 2008 05:38 pm at 5:38 pm |
  19. CARL

    HISPANIC TEXANS FOR HILLARY

    HISPANIC TEXANS FOR HILLARY

    February 6, 2008 05:38 pm at 5:38 pm |
  20. linda hemmingsen

    MY,MY, listen to all those obama supporters, the vindictiveness coming out your mouths. now we see the true nature of your savior obama. if you guys can't unite if hillary wins than you are finished. your so called leader obama is sounding more and more arrogant by the day his latest iam more superior than clinton?what ? he is a junior senator and he is trashing a senior senator and she has a great record of service in the senate reaching across the lines. he keeps misrepresenting her to make himself look better that is a sign of weakness. enjoy the spotlight for now baecuse if you become the nominee you will find real fast that the independants and republicans who you think are on your side will vote republican, there isn't musch i find in your speeches except you preaching and believe me than is wearing thin.

    February 6, 2008 05:38 pm at 5:38 pm |
  21. Gregory Miller

    Hey CNN, have you released anymore information on the Ohio debates for Feb. 27th and 28th yet? I'd like to learn of where these are and find out how to go about getting tickets if possible, thanks.

    February 6, 2008 05:38 pm at 5:38 pm |
  22. rafael

    guess she ran out of lobbyst to bribe.. ops donate

    February 6, 2008 05:38 pm at 5:38 pm |
  23. paul

    Funny that John McCain was broke and out in the middle of the summer and now he is on the verge of becoming the Republican candidate while Hillary was riding a huge war chest and 20 to 30 points advantage in the polls over any other democratic candidate.
    McCain has done this on Fumes as is Huckabee while the people of the United States are clearly saying that Big Money does not buy their Votes . Romney is having the same trouble as Hillary Clinton it is called not being trustworthy or Creditable .
    His problem is a 11 hour Conservative Conversation and Hers is the Vote for the Iraq War that she claims to be dupted into .

    McCain's problems with the Republican Party are really counter the Establishments hold on the party Much Like Barrack Obama and the Democratic Machine behind Hillary.

    The electorate want Agents of Change for each Party and the Presidency. 20 years of two surnames in the White House to be continued to 24 years with Hillary as president does spell Change.

    February 6, 2008 05:39 pm at 5:39 pm |
  24. Republican TURNED DEMOCRAT

    Proud Californian...HUH???

    Obama sees the country as ONE UNITED PEOPLES...time and time again he says this...it's the idiots at CNN and FOX that do all this "demographic analysis" of who's voting for who.

    If anything, Hillary sees the country as MEN vs. WOMEN she has, ON SEVERAL OCCASIONS made reference to the fact that HER BEING A WOMAN would be a change in the white house, NOT ONCE has Obama referenced his race as being the change in the white house, but rather his refusal to take money from lobbyists and corporations (unlike Hillary).

    I'm glad Obama takes my money, because I'm invested in the process! and it makes me sick that Hillary uses her own...the fact that she can, reminds me how out of touch she is with average folk.

    You really want another 4-8 years with the Clintons...REALLY? Our country is really that small that we can only come up with two names to run the greatest place on earth...really?

    So very sad...

    But, at the same time...so very inspirational...this movement...and it is a movement...has me up, volunteering, getting involved...NOT for a Clinton...but for a movement for progress, transformation, and a REAL UNITED STATES OF AMERICA!

    peace and blessings to you all
    (and next time, come here with some facts!!!)

    February 6, 2008 05:39 pm at 5:39 pm |
  25. cara

    "Obama sees the country as black and white

    Hillary sees it as haves and have nots

    Obama takes your money

    Hillary uses her own

    hm….i'd vote Hillary!"

    That is truly one of the most inaccurate things i've heard all day. The first two points are not even worth commenting on. The last two, however, are certainly interesting spin. Let me spin it back at you.

    Obama isn't taking money, he's being gifted money.

    Hillary apparently has to provide her own gifts. ;)

    February 6, 2008 05:39 pm at 5:39 pm |
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